Chow Tai Fook Jewellery Group's (HKG:1929) retail sales value slumped 21% year over year for the three months ended Sept. 30, a Tuesday bourse filing said.
The jewelry company's retail sales in mainland China for its second fiscal quarter plummeted 19% from a year earlier, while those in Hong Kong, Macau, and other markets fell by 31%.
Same-store sales decreased by 24% in mainland China, while those in Hong Kong, Macau, and other markets plunged by 31%.
For the six months ended Sept. 30, the firm expects a 42% to 46% decline in net profit, with revenue likely to fall 18% to 22%.
Shares of the company closed over 3% higher on Tuesday.
Price (HKD): $7.28, Change: $+0.23, Percent Change: +3.26%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。